Toronto, Ontario — 30 November 2018 – ClearPay has been selected as the Winner of Best Industry Servicer Provider in the 2018 Insurance Business Awards.

Over 500 attendees flew in from all over the nation to celebrate the insurance industry’s successes and witness the live reveal of winners at the 3rd annual awards gala on November 29, 2018 at the Liberty Grand Toronto.

ClearPay received this award based on its proven track record of providing Insurance brokers & offices with a superior service to help them perform their duties. Through the automation of carrier payables and customer advances and the associated reporting, insurance brokerage personnel using ClearPay have been freed from repetitive, non-valued added tasks.

“We are honoured and humbled to receive this award,” says John Knotek, CEO ClearPay. “Our customers and industry partners were critical aspects in helping us be in the position to be considered for this award and we are thankful for their ongoing trust in us.”

On average, ClearPay is delivering efficiencies of $15 per carrier disbursement or customer advance, saving the average brokerage $15,000 per year. In addition, ClearPay enhances the security and accuracy of payment and reporting in converting the entire process to a secure digital process directly from all major broker management systems.

“I am also very thankful of the ClearPay’s team relentless focus on our customers,” continues Knotek. “Whether it is daily service or ongoing enhancements, our team continues to deliver based on the industry’s needs. We look forward to expanding out our industry payment platform as we track to move over $3 billion in premiums and 70 million data points automatically in 2019.”

The Insurance Business Awards follows a comprehensive selection process, involving three months of nominations, industry research and finalist submissions in the lead up to the night itself. A judging panel comprising independent experts in the insurance and finance industries determines the winners.

For the full list of winners and finalists and information on the 2018 Insurance Business Awards, visit www.ibawards.ca.

About ClearPay:
ClearPay is an independent Canadian company created by professionals with years of experience in the insurance and banking industries to automate payments and account reconciliation for the insurance industry. For more information connect with ClearPay on Twitter or Linkedin or visit clearpaycanada.com.

About Insurance Business Canada:
Insurance Business Canada (IBC) is the leading business magazine for the insurance industry for in-depth industry issues, market trends, business analysis and intelligence. IBC is complemented by daily news website www.insurancebusinessmag.com/ca featuring breaking news, an industry forum and exclusive multimedia content, as well as sister publications in the UK, US and Australia, New Zealand, and Asia. IBC is published by independent media company Key Media International.

Contact: John Knotek, CEO
johnknotek@clearpaycanada.com
(647) 494-3884